GFM Network News

China seed industry seeks better laws to support innovation

China seed industry seeks better laws to support innovation

Without protection measures on new products, investments will be scarce, sector says

China’s seed regulations need to be overhauled to boost innovation and protect investment in new products, executives said recently, amid a renewed focus on the sector for its critical role in ensuring food security. China’s leadership has said in recent months the country needs a “turnaround” in its seed industry, which is plagued by counterfeit

File photo of cranes at the Port of Montreal. (Jean-Paul_Lejeune/iStock/Getty Images)

Ottawa urged to end Montreal longshoremen’s strike

Back-to-work legislation on table; NDP, Bloc oppose it

Montreal | Reuters — Dockworkers at Canada’s second-largest port on Monday began their second strike in less than a year, as business leaders urged Ottawa to quickly end a walkout they said could cost the economy $25 million a day. The federal Liberal government said Sunday it would introduce special legislation to end the strike

(File photo by Dave Bedard)

CP CEO rules out raising Kansas City Southern bid

CP's first-quarter profit climbs

Reuters — Canadian Pacific Railway CEO Keith Creel said Wednesday the company will not raise its bid for U.S. railroad Kansas City Southern, saying bigger rival Canadian National’s offer is “not a real deal.” The two bidding companies are locking horns to take control of a vast network of railways across North America, with CN

Argentina suspends 15 beef exporters for evading state controls

Argentina has suspended 15 meat exporters for dodging industry regulations, derailing at least 40 tonnes of shipments from one of the world’s best-known beef producers. The country’s Agriculture Ministry said in a statement it had uncovered several meat-export operations that had undercut competitors and evaded taxes by failing to properly register their businesses with the

Strategie Grains cuts EU rapeseed crop forecast again

Strategie Grains has lowered its forecast for the 2021 rapeseed harvest in the EU for the second month in a row and is monitoring the risk of localized damage to crops from wintry weather this week, the consultancy said April 6. In a monthly oilseed report, the French firm reduced its outlook for this year’s

Russia approves formula-based sunflower oil export tax

Russia approves formula-based sunflower oil export tax

The Russian government has approved a formula-based export tax system for sunflower oil and a higher export tax for sunflower seeds, as part of a drive to combat domestic food price inflation. Russia has imposed several export taxes for grains and sunseeds, among other measures, since December in its battle to tame rising food prices

India likely to get average monsoon rains

India is likely to get average monsoon rains this year, a private weather forecasting agency said April 13, raising prospects of higher farm and economic growth in Asia’s third-biggest economy. Monsoon rains are expected to be 103 per cent of a long-term average, and there is a 60 per cent chance that India will get

Corn and soy could be in short supply, according to a recent USDA report.

U.S. farmers to plant less corn, soybeans than expected

USDA report sparks futures rise as market reacts to news

Estimates by the U.S. Department of Agriculture (USDA) for corn and soybean plantings at the end of March missed analyst expectations, sending futures prices for both commodities up sharply. Smaller-than-expected acreage for the two main cash crops in the United States will likely increase concerns about global food and animal feed supplies after importers and domestic